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Corn prices soared past the $410 mark, closing above it on the daily candlestick chart, signaling potential for further bullish momentum in upcoming sessions with a target set at $420.20.
Analysts anticipate continued upward movement today, highlighting that a breach below $410 would halt the current bullish trend, possibly prompting a return to the overarching bearish trend.
Today’s anticipated trading range is expected to fluctuate between support at $405.00 and resistance at $420.00.
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